EdgeQ has filed a notice of an exempt offering of securities to raise $75,000,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, EdgeQ is raising $75,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Vinay Ravuri played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About EdgeQ
EdgeQ is a leading innovator in 5G systems-on-a-chip. The company is headquartered in Santa Clara, CA, with offices in San Diego, CA and Bangalore, India. Led by executives from Qualcomm, Intel, and Broadcom, EdgeQ is pioneering a converged connectivity and AI that is fully software-customizable and programmable. Our vision is to democratize 5G in an open paradigm, where customers can access, customize, and deploy 5G purely through software. Our mission is to accelerate cloud migration to the closest point of the edge where all data processing and connectivity occurs.
To learn more about EdgeQ, visit http://www.edgeq.io/
Contact:
Vinay Ravuri, Chief Executive Officer
408-209-0368
https://www.linkedin.com/in/vinayravuri/
SOURCE: http://www.intelligence360.io
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